A better way to think of the reputation economy is as a stealth insurance economy
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Replying to @kylemathews
@kylemathews ref? that sounds counterituitive a bit... I'd have thought they get taken advantage of...fair-weather friends etc.1 reply 0 retweets 0 likes -
Replying to @vgr
@vgr hmmm... this is the best I'm coming up with http://www.dailymail.co.uk/sciencetech/article-2412101/ls-survival-fittest-finished-Scientists-prove-generosity--selfishness--way-modern-civilisation-survive.html …1 reply 0 retweets 0 likes -
Replying to @kylemathews
@vgr but basic argument goes along with what you said. Giving builds reputation/status which you can "cash in" on when things go bad2 replies 0 retweets 0 likes
@kylemathews hmm... okay, that's narrower use of reputation. I am using broadly to include any sort of ratings mechanism, not just gift econ
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